This fully revised and updated second edition includes five new chapters addressing the nature of the eigenvector and its applications, including selected uses of the analytic hierarchy process in economic, social, political, and technological areas.

The Analytic Hierarchy Process (AHP) is a prominent and powerful tool for making decisions in situations involving multiple objectives. Models, Methods, Concepts and Applications of the Analytic Hierarchy Process, 2nd Edition applies the AHP in order to solve problems focused on the following three themes: economics, the social sciences, and the linking of measurement with human values. For economists, the AHP offers a substantially different approach to dealing with economic problems through ratio scales. Psychologists and political scientists can use the methodology to quantify and derive measurements for intangibles. Meanwhile researchers in the physical and engineering sciences can apply the AHP methods to help resolve the conflicts between hard measurement data and human values. Throughout the book, each of these topics is explored utilizing real life models and examples, relevant to problems in today's society.This new edition has been updated and includes five new chapters that includes discussions of the following:- The eigenvector and why it is necessary- A summary of ongoing research in the Middle East that brings together Israeli and Palestinian scholars to develop concessions from both parties- A look at the Medicare Crisis and how AHP can be used to understand the problems and help develop ideas to solve them.

Revised 2nd Edition includes five new chapters that address the issue of why should we use the eigenvector and four applications of relevant problems in today's society Presents a collection of selected applications of the Analytic Hierarchy Process (AHP) in economic, social, political, and technological areas Authors are respected names in the field, with Thomas L. Saaty well known as the father of AHP Includes supplementary material: sn.pub/extras Includes supplementary material: sn.pub/extras

Inhalt
How to Make a Decision.- The Seven Pillars of the Analytic Hierarchy Process.- Architectural Design.- Why is the Principal Eigenvector Necessary?.- Designing a Mousetrap.- Designing the Best Catamaran.- The Selection of a Bridge.- Measuring Dependence Between Activities: Input Output Application to the Sudan.- Technological Choice in Less Developed Countries.- Market Attractiveness of Developing Countries.- An Analytic Hierarchy Process Based Approach to the Design and Evaluation of a Marketing Driven Business and Corporate Strategy.- New Product Pricing Strategy.- Incorporating Expert Judgement in Economic Forecasts: The Case of the U.S. Economy in 1992.- A New Macroeconomic Forecasting and Policy Evaluation Method.- A New Approach to the Middle East Conflict: The Analytic Hierarchy Process.- Legalization of Euthanasia.- How Should Congress Address the Medicare Crisis?.- Ethics in International Business.- Abortion and the States: How Will the Supreme Court Rule on the Upcoming Pennsylvania Abortion Issue?.- The Benefits and Costs of Authorizing Riverboat Gambling.- To Drill or Not to Drill: A Synthesis of Expert Judgements.- Modeling the Graduate Business School Admissions Process.- Infertility Decision Making.- Deciding Between Angioplasty and Coronary Artery Bypass Surgery.